White & Case Dissolve Singapore JV Idea

ALB reported yesterday that..

US giant White & Case has…

broken off its alliance with local Singapore firm Venture Law, after obtaining its licence to practice local law.

Despite initially stating the alliance would remain after receiving the QFLP (Qualifying Foreign Law Practice) granted last December, the firm has shifted its stance but said that its overall strategy in Singapore would be unchanged.

White & Case, unlike some of its fellow QFLP licensees, had formally registered its now six-year-old alliance, rather than undertaking it as a joint law venture

See full story at http://asia.legalbusinessonline.com/news/breaking-news/white-amp-case-ventures-away-from-singapore-ally/34034

See also this report at JD Journal